Back

The Psychology Behind Pricing Strategies: Why You Pay What You Pay Ever wondered why a product costs $9.99 instead of $10? Or why luxury brands rarely go on sale? Pricing isn’t just about numbers—it’s about perception, behavior, and psychology. Her

See More
Anonymous

Anonymous 3

Hey I am on Medial • 4m

The anchoring effect is everywhere, right? The way a super expensive option makes everything else look like a bargain. Wow

1 replies
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Ronak Patel

Here you go! • 3m

PSYCHOLOGICAL MARKETING TECHNIQUES - 1/10 Anchoring Effect The anchoring effect involves presenting a higher-priced product first to make other options seem more affordable. This psychological bias causes consumers to rely heavily on the first

See More
5 replies9 likes
5
Image Description
Image Description

Arcane

Hey, I'm on Medial • 1y

Mind Games: The Decoy Effect 🧠💡 Ever feel like a third option makes one of the original choices suddenly more appealing? There's a reason for that: the Decoy effect! Here's how it works: ⭐ Imagine you're choosing a phone plan: * Option A: 2GB

See More
2 replies8 likes
1
Image Description
Image Description

Aarihant Aaryan

Prev- Founder & CEO ... • 4m

India 1 questions are always around "what else"? What else can I do to increase my wealth, status, lifestyle. India 2 questions are always around "how"? How to make money super fast, how to become famous overnight, how to look better, how to ge

See More
6 replies11 likes
1
Anonymous
Image Description
Image Description

Planning your MBA? Option 1- You look for would be for a ISB or an IIM A/B/C. Now this is not easy to crack for 99% Indians and on top of it, it's super expensive. Option 2 - Remaining MBAs are not that greatly valued by companies. Hence we look

See More
2 replies2 likes
Image Description
Image Description

Vishu Bheda

Transforming vision ... • 1y

So what is network effect? A network effect is when each additional user adds value to the existing user base. So your users themselves are creating some value for the existing users. So ,to understand better understand that google is the only one

See More
9 replies7 likes

Pavan

Just roaming around • 5m

Branding is super important for startups. It’s how people see and remember you. A solid brand helps you stand out, build trust, and connect with the right audience. Plus, it makes it easier to grow and stay consistent as your business takes off. Thin

See More
0 replies2 likes
Image Description
Image Description

Ronak Patel

Here you go! • 3m

PSYCHOLOGICAL MARKETING TECHNIQUE - 4/10 🧊Imagine you're at an ice cream shop in India. You see two flavors: 🍫chocolate for ₹100 and vanilla for ₹150. Then they add a third option—a "mystery flavor" that's not as good as vanilla and costs ₹200. Su

See More
10 replies14 likes
3
Image Description
Image Description

Abhishek S Kulkarni

Localpreneur | on a ... • 10m

Two screen shots from @zomato app. Look carefully and tell me if it makes sense to give the 'no. of quantity' option till I reach 50,000 max amount to pay. I know this particular restaurant can hardly sell 500 burgers a month. And that too deliver i

See More
12 replies10 likes

Sairaj Kadam

Entrepreneur • 1m

Everyone’s just memes. How bullshit can this get? Stock market crashes, and instead of thinking straight—it's all attention, attention, attention. Memes everywhere. Jokes everywhere. But no one's talking sense. As a commerce student, I get it—if yo

See More
0 replies2 likes
Image Description
Image Description

Ronak Patel

Here you go! • 2m

🧠 The Anchoring Effect: Why First Impressions Control Everything Everyone's trying to go viral. Let's talk about why your first 3 seconds matter more than your last 30. The Anchoring Problem In 1974, psychologists Kahneman and Tversky discovered s

See More
8 replies17 likes
1

Download the medial app to read full posts, comements and news.